The Demex Group, a provider of comprehensive solutions for modelling, assessing, and managing climate-linked risks at scale, has appointed Matt Coleman as Chief Risk Officer.
Within this role, Coleman will work closely with Demex’s Product, Growth, and Operations teams to develop and refine the company’s offerings for climate insurance and risk valuations for clients.
At the same time, he will also lead structuring and pricing analytics.
Overall, Coleman brings twenty years of experience working within the climate risk space towards the role.
He joins Demex from Nephila Climate, where Coleman most recently served as Director of Strategic Partnerships.
Coleman’s background includes deep experience in origination, underwriting, and portfolio management for climate risk. Throughout the course of his career so far within the industry, he has established multiple partnerships with climate risk investors, intermediaries, and service providers.
Whilst he was serving in his previous role at Nephila, Coleman worked with Demex to build capacity partnerships for the unique climate risk product offerings that Demex developed and that Nephila continues to underwrite.
Addressing his new role, Coleman said: “I am incredibly excited to join the Demex team at a time when climate-exposed businesses are transitioning from disclosing their climate exposures to valuing and managing them. This presents a tremendous opportunity for Demex to leverage its technology to increase climate resilience across the global economy.”
Bill Clark, Demex CEO, commented: “We’re thrilled that Matt is joining us. Matt comes to Demex from our risk carrier network where he helped scale a climate risk fund from $200m to $750m. In addition to spearheading new products, Matt’s expertise will help expand Demex’s risk capacity network to new carriers.”
